Bitcoin has climbed back above $60,000 this week. The recovery comes as deposits to crypto exchanges increase sharply.
The move follows a period of price pressure. Analysts point to the higher inflows as a sign that more selling pressure could emerge soon.
Current data shows Bitcoin trading near $62,933. The increase in exchange deposits has prompted warnings of greater volatility ahead.
Market observers note that such deposit spikes often precede larger price swings. No specific timeline for further moves has been confirmed.
